Madison times. (Tallulah, Madison Parish, La.) 1884-1???, 1887-05-28
ACT OF
INCORPORATION,
"TEuSAS AND MADISON"
Telegraph Company.
United States of America,
state of Louisiana,
Parish of Tensas.

Joseph Curry, a Notary Public, in and
for the Parish of Tensas, state of
Louisiana, duly commissioned and
qualified, and in the presence of the
witnesses hereinafter named and un
dersigned, personally came and appear.
ed the several persons whose names
are hereunto subscribed, who dec Jared
that svailing themselves of the pro-
visions of the laws of this State, rela-
tive to the organization of corporations
for works of public improvement and
utility, they have contracted and
agreed, and do by these presents cove
nant and agree and bind and obligate
themselves, as well as such persons as
may hereinafter become associated
with them to form and constitute "a
corporation" and body pubic in law
for the objects and under the agree
ments and stipulations following to =
wit:
ARTICLE FIRST.
The name and title of corporation
shall be, "Tensas and Madison Tele-
graph Company" and by that name
said corporation shall have power and
authority to have and enjoy succession
or the full term and period of ninety
nine years from and after the day and
date hereof; to contract, sue and be
sued, to make and use corporate seal
and the same to break or alter at pleas
ure, to hold, receive and lease, to pur-
chase and convey, as well as mortgage
and hypothecate under its corporate
name, property, both real and personal,
to name and appoint such managers,
djrec tors, officers and agents, as the
interests and convenience of sale cor
poration may require, and to make and
establis such bylaws, rules and reg
ulations for the the proper manage
ment and regulation of the said cor
pOration as may be necessary and
proper, and the same to change and
alter at pleasure:
ARTICLE SECOND.
The dOmicile of said corporation
shall be in the Parish of Madison in
the State ofLOuisiana, and all citations
or other legal process, shall be served
upon the president of said corporation
or in case of his absence upon the Vice
President or Secretary.
ARTICLE THIRD.
The purposes for which this corpor-
alton is established, and the nature of
the business to be carried on by it, are
declared and specified to be the trans
through the said Parishes from Taliu-
luh via Somerset, Newellton and ST.
Joseph.
ARTICLE FOURTH.
The capital stock of said corporation
is hereby fixed at the sum of IS, 0000O)
Two Thousand Dollars-represente
by 50 shares of $500 each, which may
be increased if necessary by vote of the
Board of Directors and the times and
manner of the payment of said stock q,
are determined upon by the Board of
Directors.
ARTICLE FIFTH.
The business and affairs Of said cor
pOratiOn shall he under the supervis-
ion and management of a Board Of Di-
rectors composed of stockholders to be
elected annually on the first MOndav
in May of each wear, said election shall
be by ballot and conducted al the office
OF said corporation, and the directors
then elected, shall serve until their
successors shall have been elected. \
majority of the votes cast shall elect,
and each sh are Of stock shall be emit
tied to one vote, either in person or by
proxy.
Any vacancy occurring in said Board
from any cause VIII atever, shall be filled
by election by the remaining directors;
four directors shall constitute a
quorum for the transaction of business,
and said Board of Directors at their
first meeting in each year, shall elect
out of their own number q Presi-
dent, who shall be -Officio the Treas
urer, Vice President who shall be ex-
offiicio, the Secretary, and an attorney
for the company. The President and
Vice President shall appoint from time
to time, such officers, managers, Oper-
ators, and other agents as may be
deemed necessary for the business and
purposes of said corporation, and dis
miss the same at pleasure, and said
directors shall have full power and au-
thority to make and establish as we'll
as change or amend and alter all by
laws, rules and regulations for the sup
port and management of the affairs
and business of said corpsration.
ARTICLE SIXTH.
Whenever this corporation is dis
solved either by limitation or from any
other cause, its affairs shall be liquI-
dated under the Superintendent OF
three stockholders to be appointed for
that purpose at general meeting OF
the stockholders, convened after thirty
of the majority in amount of the CAPT
tai stock, said commissioners shall re-
main in office until the affairs of said
corporation shall have been fully liqui-
dated and in case of the death of one
or more of said commissioners, the sur
vivor or survivors shall continue to
act.
ARTICLE SEVENTH.
This act of corporation NAV be
changed, modified or altered, or said
corporation may be dissolved with the
assent of majority in amount of the
capital stock thereof, at any general
meeting of the stock holders of said
corporation convened for such purposes
after thirty days previous notice of
such meeting shall have been publish
ed IN one paper in each of said two
parishes.
ARTICLE EIGHTH.
No stakeholder shall ever be held IL
able or responsible for the contracts or
faults or neglects of said corporation
IN any further sum than the unpaid
balance due on the shares of stock
owned by him.
Nor shall any mere informality in
organization have the effect of render
ing the charter null, or of exposing a
stockholder to any liability beyond the
amount of his stock.
No free messages on private business
shall be allowed by the Board of Di-
rectors.
ARTICLE NINTH.
There shall be a regular annual
meeting of the Directors on the third
Monday of each May at the domicile of
the company.
The president may call q maatipo